Midterm forecast: - There is no trend in the market and the price is in a range bound, but we forecast beginning of downtrend.
Technical analysis: - A peak is formed in daily chart at 136.30 on 01/18/2018, so more losses to support(s) 134.40, 133.25, 131.65 and more depths is expected.
- Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
- Relative strength index (RSI) is 50.
Take Profits: - 133.25
- Resistance on 12/14/2017
- Resistance on 12/07/2017
- Resistance on 12/06/2017
- Resistance on 11/27/2017
- Resistance on 11/24/2017
- Resistance on 11/17/2017
- Resistance on 11/16/2017
- 131.65
- Support on 11/28/2017
- Support on 11/24/2017
- Support on 11/21/2017
- Support on 11/20/2017
- Support on 11/09/2017
- Support on 11/08/2017
- Support on 10/31/2017
- Support on 10/30/2017
- Support on 10/27/2017
- Support on 10/16/2017
- Trough on 10/16/2017
- Support on 09/26/2017
- Resistance on 09/14/2017
- Resistance on 08/31/2017
- Resistance on 08/30/2017
- Peak on 03/20/2015
- Peak on 03/19/2015
- Peak on 03/18/2015
- Trough on 09/23/2013
- Trough on 09/18/2013
- Trough on 09/16/2013
- Trough on 09/13/2013
- 129.65
- Support on 09/08/2017
- Support on 08/29/2017
- Resistance on 08/17/2017
- Resistance on 08/14/2017
- Resistance on 08/10/2017
- Support on 08/08/2017
- Support on 07/31/2017
- Support on 07/28/2017
- Support on 07/27/2017
- Resistance on 07/24/2017
- Support on 02/09/2016
- Support on 02/08/2016
- Support on 01/29/2016
- Trough on 12/01/2015
- Support on 12/01/2015
- Trough on 11/30/2015
- Trough on 11/27/2015
- Support on 11/27/2015
- Peak on 12/30/2008
- Peak on 12/29/2008
- 128.20
- Support on 08/21/2017
- Support on 08/18/2017
- Support on 08/11/2017
- Support on 08/10/2017
- Support on 07/06/2017
- Peak on 04/04/2016
- Peak on 04/01/2016
- Resistance on 04/01/2016
- Peak on 03/31/2016
- Resistance on 03/31/2016
- Resistance on 02/16/2016
- 126.80
- Resistance on 04/05/2016
- Support on 04/04/2016
- Resistance on 03/15/2016
- Resistance on 03/10/2016
- Support on 02/17/2016
- Support on 02/16/2016
- Support on 02/12/2016
- Support on 02/11/2016
- Support on 01/21/2016
- Support on 01/20/2016
- Trough on 01/08/2016
- Support on 01/07/2016
- Trough on 01/07/2016
- Support on 04/16/2015
- Support on 04/15/2015
- Support on 04/14/2015
- Support on 04/13/2015
- Support on 03/13/2015
- Support on 06/26/2013
- Support on 06/19/2013
- Support on 06/13/2013
- Support on 06/12/2013
- Support on 06/11/2013
- Support on 06/07/2013
- Support on 04/17/2013
- Resistance on 04/05/2013
- Resistance on 02/12/2013
- Resistance on 02/11/2013
- Resistance on 02/07/2013
- Resistance on 02/04/2013
- Resistance on 02/01/2013
- 124.10
- Support on 06/23/2017
- Resistance on 06/16/2017
- Support on 06/05/2017
- Support on 05/29/2017
- Support on 05/26/2017
- Support on 05/22/2017
- Resistance on 05/18/2017
- Resistance on 05/09/2017
- Resistance on 05/05/2017
- Peak on 12/15/2016
- Resistance on 12/15/2016
- Resistance on 05/31/2016
- Resistance on 05/20/2016
- Resistance on 05/17/2016
- Resistance on 05/13/2016
- Resistance on 05/12/2016
- Resistance on 04/21/2016
- Resistance on 04/20/2016
- Resistance on 04/19/2016
- Resistance on 04/12/2016
- Resistance on 04/08/2016
- 122.30
- Support on 06/15/2017
- Resistance on 03/17/2017
- Peak on 05/11/2010
- Peak on 05/10/2010
- 118.45
- Support on 02/27/2017
- Support on 11/29/2016
- Support on 11/24/2016
- Peak on 07/22/2016
- Resistance on 07/21/2016
- Peak on 07/21/2016
- 114.85
- Trough on 04/17/2017
- Support on 04/17/2017
- 111.25
- Support on 07/07/2016
- Support on 07/06/2016
- Support on 06/27/2016
- Support on 06/24/2016
- Resistance on 12/17/2012
- Peak on 04/02/2012
- Resistance on 04/02/2012
- Peak on 03/30/2012
- Peak on 03/29/2012
- Peak on 03/28/2012
- Peak on 03/27/2012
- Resistance on 03/27/2012
- Resistance on 03/21/2012
- Resistance on 10/31/2011
- Resistance on 08/22/2011
- Trough on 05/07/2010
- Trough on 05/06/2010
Click on the level to view price action history. |